12 Month Natural Gas Plans to Grab Now
In scorching summer temperatures, AC use is high. This drives natural gas rates up because about 43% of our natural gas consumption is for electricity, according to the EIA. This typically equates to higher summer natural gas rates compared to spring and fall shoulder months. However, even if rates go up in summer, sticking with a variable rate plan for months will certainly cost you more. So, let’s shop and lock in a great 12 month gas rate now.
Best 12 Month Natural Gas Plan Rates
When we talk about best 12 month natural gas plans, we are looking at a few things. A great cheap rate tops the list, of course. However, there’s more to consider. For example, be aware of ETFs and try to get a lower one. This will give you more flexibility if your situation changes and you need to leave the plan early. Also, be sure to check on what to expect on renewal notices when the plan nears expiration. So, let’s get to your best options for 12 month gas plans.
Firstly, the Constellation 12 Month Home Natural Gas Plan is $0.649 per therm. The monthly charge is $6.95 and the ETF is $150. This plan has the cheapest rate by at least 70¢. On the other hand, it has a higher ETF.
Next, Xoom Energy SureLock12 is $0.749 per therm. It has the cheapest monthly charge at $5.85 and a lower ETF of $100. Additionally, you get a $50 bill credit on the third bill.
The Scana Energy 12 Month plan is $0.719 per therm. It has a $6.95 monthly charge and $150 ETF.
Finally, the Georgia Natural Gas® 12 Month Fixed plan is $0.749 per therm. The monthly charge is $7.99-$8.99 and the ETF is $100.
Recommended 12 Month Gas Plan Rates
Typically, the standout in the crowd is the cheapest natural gas rate. But this month, things shake out a little differently.
Xoom Energy SureLock12 takes the top spot, despite having a higher per therm rate. This is because, for the average customer, Xoom’s $50 credit is nearly as good as the savings you get from the cheapest 12 month rate available now. When I say nearly, I mean the difference is only about $10 for the whole year. Add in the savings from the cheapest monthly charge and the lower ETF and the Xoom Energy SureLock12 simply makes the most sense.
Keep in mind this is for the average customer using around 613 therms per year. If you use significantly more than that, go with the cheaper Constellation rate.
Grab your 12 month plan today at https://www.georgiagassavings.com.